Business
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BusinessOctober 24, 2024
The Islamic Trade Financing Corporation will lend $3 billion to Pakistan.
The statement followed a meeting in Washington between the Islamic Trade Financing Corporation (ITFC) delegation and Pakistan’s Finance Minister Muhammad…
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BusinessOctober 24, 2024
In Pakistan, FBR raises the sales tax on tractors.
The FBR’s announcement states that the sales tax on domestically produced tractors has increased from 10% to 14% and that…
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BusinessOctober 23, 2024
The resolution regarding Afghan commerce has been approved by the KP Assembly.
The Khyber Pakhtunkhwa Assembly has adopted a resolution concerning Afghan trade. The resolution in the KP Assembly was introduced by…
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BusinessOctober 23, 2024
According to Aurangzeb, the SBP can further cut interest rates in November.
“For the third consecutive meeting, SBP has lowered its benchmark interest rate by 450 basis points, from a record 22%…
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BusinessOctober 22, 2024
PSX reaches an all-time high as the KSE-100 Index surpasses 86,000 points.
The Pakistan Stock Exchange (PSX) has achieved a significant milestone, as the benchmark KSE-100 Index has attained an unprecedented peak.…
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BusinessOctober 22, 2024
In three months, Pakistan’s IT exports increased by 33.54 percent.
During the first three months of FY 2024-25 (July to September), Pakistan’s IT export remittances hit US$ 876 million, a…
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BusinessOctober 18, 2024
SBP reserves surge above $11bn, highest in 30 months
The country possessed $16.11 billion in liquid foreign reserves overall, according to a statement from the central bank. Commercial banks…
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BusinessOctober 17, 2024
Final settlement: Govt to pay five IPPs Rs 72 billion.
On October 10, Prime Minister (PM) Shehbaz Sharif declared that the agreements with five IPPS would be terminated in the…
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BusinessOctober 15, 2024
Pakistan’s new country director is appointed by ADB
According to an ADB press statement released here, Ms. Fan will manage ADB’s operations in Pakistan as Country Director, including…
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BusinessOctober 15, 2024
FBR begins pursuing tax evaders.
The Chief Financial Officer of a well-known battery company has been placed under arrest for his suspected involvement in a…
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